Question: Question 2: (20 Marks) Most accounting tasks can be divided intofinancial accounting andmanagerial accounting. It is useful to describe the differences between these two aspects

Question 2: (20 Marks)

Most accounting tasks can be divided intofinancial accounting andmanagerial accounting. It is useful to describe the differences between these two aspects of accounting since each one describes a distinctly different career path.Discuss how financial and managerial accounting interface. Is one more important than another? Discuss the rationale for your answer.

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